John E Burge

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4439 Wade Avenue #1-5Perris, CA 92571

Multi-Family · 5,895 Sq. ft. | 1.08 Acres
$1,250,000 Active

4439 Wade Avenue #1-5 Overview

Time on Site:
525 days
Visits:
1

1.1 acre parcel zoned light-industrial with 5 existing units, plus pool, pool-house and storage unit in rural, bucolic setting featuring Cedar, Birch, Eucalyptus, Loganberry trees with full-circle driveway access, dedicated firepit and more. Decorative sidewalks connect all units. 7 marked parking stalls, add'l unmarked parking for 10+ vehicles on property. Unit #1: 5b/2ba, 1,280 sqft, single-story / Unit #2: 2b/1ba, 630 sqft, single-story / Unit #3: 4b/2ba, 1,100 sqft, single-story / Unit #4: 2b/1ba, 670 sqft, single-story / Unit #5: 6b/2ba, 1,970 sqft (two-story, fireplace) Pool: 30' X 15' / Pool Hse, 1/2 ba, 300 sqft / Storage Unit: N/A, 500 sqft

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4439 Wade Avenue #1-5 Facts & Features

  • Type Multi-Family
  • Sq. ft. 5,895
  • Price/Sq.ft. $212
  • Lot 1.08 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

Income/Expenses

  • Electric Expense: 23000.0
  • Fuel Expense: 2400.0
  • Gross Income: 120000.0
  • Gross Scheduled Income: 120000.0
  • Insurance Expense: 4000.0
  • Net Operating Income: 81400.0
  • Operating Expense: 38600.0
  • Trash Expense: 800.0
  • Water Sewer Expense: 3600.0

Building Information

  • New Construction: No
  • Year Built: 1910

Location/Region

  • Country: US
  • County Or Parish: Riverside
  • MLS Area Major: SRCAR - Southwest Riverside County
  • Postal City: PERRIS

Community/Development

  • Community Features: Urban

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: 2436.3
  • Tax Year: 2024

General Information

  • Listing Terms: Submit
  • Parcel Number: 314110031
  • Property Sub Type: Townhouse
  • Property Type: Residential Income
  • Rent Control: No
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Zoning: CPS

Interior

Parking Information

  • Garage: No

Building Interior

  • Building Area Total: 5895.0
  • Building Area Units: Square Feet

General Information

  • Common Walls: No Common Walls
  • Electric: 220 Volts in Kitchen
  • Entry Level: 1
  • Entry Location: 1
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Laundry Features: Common Area,Electric Dryer Hookup,Gas Dryer Hookup
  • Levels: One
  • Stories: 1
  • Stories Total: 1

Unit Information

  • Unit Number: 1-5

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Features: Level
  • Lot Size Acres: 1.08
  • Lot Size Area: 1.08
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 47044.8
  • Lot Size Units: Acres
  • Number Of Buildings: 5
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: None

Building Exterior/Construction

  • Property Attached: No

General Information

  • Number Of Units Total: 5
  • Pool Features: Association,In Ground
  • Pool Private: No
  • Sewer: None
  • Utilities: Cable Available,Cable Connected,Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Phone Available,Water Available,Water Connected,Sewer Not Available,Water Not Available

4439 Wade Avenue #1-5 Neighborhood

Community

92571 (Perris) Demographics

29
Median Age
2,600
Population Density (per sq. mile)
18%
College Educated
$69,444
Estimated Median Income
8,966
Estimated Total Home Owners
4,168
Estimated Total Renters
68% / 32%
Estimated Owner / Renter Divide
5
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4439 Wade Avenue #1-5 Monthly Cost

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4439 Wade Avenue #1-5 Market Data

Based on the last 30 days in this zip code

$584,572
Average List Price
$273
Average Price per Square Foot
21
Properties Sold
70
Average Days on Market
234
Properties for Sale
Calculations provided by Reliance Network

4439 Wade Avenue #1-5 History

Date Event Value Agent
3/5/2025Source: CRMLS Price Reduction
$1,250,000 -19.4%
1/20/2025Source: CRMLS Added to Database
January 20, 2025
Listing provided courtesy of Homecoin.comJonathan Minerick- MLS# TR25008308MLS ProviderContact Information: 888-400-2513
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